Senior Fund Accountant recruitment
The finance team is integral to the asset management decision making process and relied upon to provide commercial, tax and risk management advice.
Background to role:
Legal General Property (“LGP”) is a wholly-owned subsidiary of LGIM (“Legal and General Investment Management”). LGP is one of the UK’s largest property fund managers, with £11 billion of funds under management. LGP manage 9 funds comprising over 410 properties and 2300 tenants and offers a fully integrated property fund management service which meets the property needs of a wide range of investors. The LGP team consists of 90 people, including 20 in the Finance/Ops team. LGP has continuously developed/launched specialist fund vehicles to complement its range of unitised and balanced funds. Sizeable growth in property fund vehicles and property investments is expected to continue. These funds are complex and require dedicated and specialist accounting expertise to ensure that they are properly controlled.
Responsibilities will include but not limited to
- Maintenance and control of primary accounting records;
- Ensuring adequate finance procedures are in place, including documenting and implementing improved procedures where necessary;
- Manage Internal and External stake holders appropriately;
- Management and client reporting and preparation of quarterly reconciliations of balance sheet accounts;
- Analysis of data variances for quarterly board reporting;
- Provision of financial management and support to asset managers;
- Production of IPD, PPFI and AREF returns;
- VAT and Tax reporting;
- Supervision of cash management and liaising with Lenders, including monitoring and reporting on loan covenants;
- Compliance with regulatory standards;
- Contribution to quarterly cashflow forecasting and hedge accounting management;
- Support to fund and asset managers with any other ad hoc issues, queries and requests from time to time.
The job holder will also have responsibility for the provision of accurate and reliable property and financial modeling to assist in the effective management of the Funds and the decision making process.